Nyeland Promise
- Assets
- $116.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oxnard, CA
- Founding
- 11/2018
- Data as of
- 12/2022
- EIN
- 83-2109489
Organization Overview
Nyeland Promise is located in Oxnard, CA. The organization was established in 2018. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nyeland Promise is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Nyeland Promise generated $113.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (16.5%) each year. All expenses for the organization totaled $89.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (22.1%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Heredia Secretary | 10 | $8,690 | |
Mary Anne Rooney Treasurer | 10 | $3,000 | |
Michael L Barber President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $113,317 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $113,317 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $54,573 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,577 |
| Other expenses | $33,258 |
| Total expenses | $89,408 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $116,235 |
| Other assets | $0 |
| Total assets | $116,235 |
| Total liabilities | $0 |
| Net assets or fund balances | $116,235 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nyeland Promise has recieved totaling $76.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $76 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Downtown Santa Monica Inc Santa Monica, CA | $4,897,203 | $9,308,728 |
Resources For Community Development Berkeley, CA | $93,266,557 | $6,994,658 |
Lake Wildwood Association Penn Valley, CA | $30,720,187 | $8,953,678 |
Antelope Valley Partners For Health Lancaster, CA | $4,220,936 | $10,090,239 |
Community Vision Capital & Consulting San Francisco, CA | $118,645,783 | $20,656,685 |
Hacienda Community Development Corporation Portland, OR | $42,129,547 | $14,753,048 |
Powerswitch Action Oakland, CA | $19,442,233 | $13,398,955 |
Downtown Center Business Improvement District Inc Los Angeles, CA | $1,747,827 | $7,519,589 |
Underground Service Alert Of Northern California And Nevada Concord, CA | $6,010,381 | $7,617,174 |
Community Action Agency Of Butte County Inc Chico, CA | $5,886,657 | $7,635,979 |
Las Sendas Community Association Scottsdale, AZ | $18,217,968 | $6,434,720 |
Union Square Business Improvement District San Francisco, CA | $3,440,343 | $7,353,306 |